Jim Cramer Blog

Despite the passage of federal bailout package, Jim Cramer told viewers of his "Mad Money" TV show that he did not trust this market.
He reminded investors to sell into any moments of strength and play defensively as the details of the bailout plan begin to play out.
Cramer then shifted his attention to Wachovia (WB), saying its shareholders have good reason for hope after some nifty behind-the-scene moves by CEO Bob Steel.
Cramer praised Steel for working out a deal with Wells Fargo (WFC).
He admitted he was wrong when he placed Steel on his "Wall of Shame" list of the worst CEOs on Monday. He said he did so because he was disheartened by the federal government's decision to sell Wachovia's assets to Citigroup (C) and the fact that Steel had not come forward to defend his position.
However, after today's announcement of a deal with Wells Fargo, Cramer said he had an entirely different view of Steel.
UPFilling the empty slot in the Wall of Shame, Cramer added Sen. Harry Reid (D., Nev.) for a comment he made Wednesday that a major insurance company was preparing for bankruptcy.
Cramer said that irresponsible comment caused the stocks of Prudential (PRU), MetLife (MET) and Hartford (HIG) to suffer double-digit percentage drops.
Cramer said Reid deserved to be on the Wall of Shame for adding fear to an already fearful market.
Cramer said he's evaluating the industrial stocks by two simple measures: their dividend yield and how much cash they have on the balance sheet. Earlier in the week, he recommended KBR (KBR), a company where two-fifths of its marketcap is cash.
Tonight he recommended two other companies that he says are approaching the "value" threshold. The first on his radar screen is steelmaker Nucor (NUE), with its 3.6% dividend yield. The company was downgraded today by an analyst at Merrill Lynch. With a share price below $30, Cramer said Nucor is solid value stock.
Cramer also recommended Freeport McMoran (FCX), a stock which he owns for his charitable trust, Action Alerts PLUS, as another company close to a value moniker. With a 4.4% dividend yield, Cramer said he's beginning to buy additional shares to reinforce his position for his trust.
Admittedly, Cramer said gold and steel prices continue to fall, but in the case of Freeport, the stock has fallen from a high of $127 to $44 today. With such a decline, Cramer believes the downside has to be minimal going forward.
Published By TheStreet.com

Labels: C, Citigroup Inc., FCX, Hartford, HIG, Jim Cramer, KBR, Mad Money, Mad MOney Recap, MET, MetLife, NUE, PRU, Prudential, Wachovia, WB, Wells Fargo, WFC

Buy Ralph Lauren (RL), Jim Cramer said on CNBC's "Stop Trading!" segment Wednesday.
"I like it because of the J.C. Penney (JCP) tie-in," Cramer said. He said today's move "seems like a bit of a short squeeze," he said, but "I think it can go higher from here."
Elsewhere in apparel, Cramer said that VF Corp. (VFC) "is the analogue of Ralph Lauren. ... If Ralph Lauren's good you don't leave this stock."
Cramer went on to praise management at Eaton (ETN). He said the company is "part of my new-tech world," and predicted it would hit a 52-week high. He said he also likes Emerson (EMR). "These companies are on fire," he said.
Of Nucor (NUE), Cramer said the company's secondary offering is an entry point. He advised more caution on Cleveland-Cliffs (CLF). "Let it cool off before you buy it here," he said.
Cramer was less bullish on AIG (AIG) and Wachovia (WB). "These are serial needers of capital," he said. He said firing AIG CEO Marty Sullivan would cause the stock to go up, and chastised Wachovia for its acquisition of Golden West. "This was one of the dumbest acquisitions ever and they're paying for it," he said.
"If they knew what they owned I would be more comfortable," Cramer said of AIG and Wachovia. "They're like Citigroup (C)." He said that when the companies claim to know what they have, "they're being wishful."
Published By TheStreet.com

Labels: AIG, C, CLF, EMR, ETN, JCP, Jim Cramer, NUE, RL, Stop Trading, VFC, WB

Take some profits in hot sectors, Jim Cramer said on CNBC's "Stop Trading!" segment Tuesday.
"It's about time," Cramer said of today's market selloff. "Heaven love the rails," he said, "but they do not have to be up every day." He recommended ringing the register in groups that are "having parabolic moves." He also said he doesn't like tech at these levels.
Cramer said he does like some stocks here. He said Honeywell (HON) is a buy if the price comes down. He said the company "basically preannounced the other day, and it's not really doing anything."
Cramer said some steel companies will win on the earthquake in China. He said that he wants to be in on a secondary offering from Nucor (NUE). "Very rarely do I ever want to be in a secondary," he said. "Not this one. This one is a winner."
Of the larger commodity markets, Cramer said that stocks with oil exposure are "not expensive." He said that "people are not using $125 [a barrel for oil] in their numbers." He said that with that factor added in, many stocks should be priced higher.
Cramer also said he likes CSX (CSX) and Union Pacific (UNP), but recommended taking profits "just as a prudence method." He expressed concern that the American rail companies appear to be the only stocks reacting to the news of the China earthquake.
Cramer also praised oil and gas magnate T. Boone Pickens for being right about ethanol. Cramer said that when 3% of gasoline destroys 30% of America's food supply, it's "about as dumb a thing as I've ever heard.
"I'm the most rapacious capitalist that's ever lived," Cramer said, but "I still have some horse sense."
Published By TheStreet.com

Labels: CSX, HON, Jim Cramer, NUE, Stop Trading, UNP

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.
salesforce.com Dec 65 Calls (NYSE:CRM - News). CRM's PowerRating (for Traders) is 5.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
Illumina Dec 50 Puts (NasdaqGM:ILMN - News). ILMN's PowerRating (for Traders) is 6.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
Alliance Data Systems Dec 175 Calls (NYSE:ADS - News). ADS's PowerRating (for Traders) is 6.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
Goldman Sachs Dec 190 Puts (NYSE:GS - News). GS's PowerRating (for Traders) is 6.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Sealed Air (NYSE:SEE - News). SEE's PowerRating (for Traders) is 5.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Nucor (NYSE:NUE - News). NUE's PowerRating (for Traders) is 5.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Moody's (NYSE:MCO - News). MCO's PowerRating (for Traders) is 6.

Labels: ADS, CRM, GS, ILMN, MCO, NUE, SEE, stock options

Equity prices meandered most of the session, bouncing back and forth between positive and negative territory. At the close, the Dow and Nasdaq finished the session with small losses, with the S&P 500 eking out a fractional gain. Gold eased a bit from its record run of late, ending the day -40 cents lower to $720.20.
Oil prices crossed the $80 mark for the first time ever, as energy investors worried about current supply in the market. Energy related issues were among the best performing sectors on the session.
Shares of biotech giant Amgen (Nasdaq: AMGN - News) advanced after the Food & Drug Administration (FDA) rejected a proposal to put restrictions on its anemia drugs, Epogen and Aranesp. The ruling alleviated concerns that the company's two drugs would be constrained by regulators. Several investment banks also upped the name on the positive development. Shares surged 3.2%.
Satellite radio purveyors XM Satellite Radio (Nasdaq: XMSR - News) and Sirius Satellite Radio (Nasdaq: SIRI - News) saw shares rise after investors warmed up to the notion that the two company's would get approval from regulators to merge their two radio platforms.
In earnings news, steelmaker Nucor (NYSE: NUE - News) warned that third quarter earnings would miss expectations due to weak demand from the automotive and housing sectors, in addition to rising metal prices. The company now forecasts earnings of $1.10-1.15 per share, down from reported earnings of $1.70 last year. Analysts were looking for EPS of $1.26.
Texas Instruments (NYSE: TXN - News), the world's largest maker of chips used in cell phones saw its shares decline 1.7% despite raising its profit outlook. The company said that revenue would be in the range of $3.56-3.72 billion for the quarter ended June 30th. The sales range represents growth of 4-8% for the quarter. EPS of 49-53 cents per share is now expected, above its previous target of 46-52 cents EPS. The earnings range includes a 2 cent gain related to the sale of a semiconductor product line. The midpoint of its new range matched the consensus estimates of analysts.
Elsewhere, casino operator Las Vegas Sands (NYSE: LVS - News) notched a fresh 52-week high after a JP Morgan analyst raised his price target on the company. Analyst Harry Curtis noted that the current share price does not reflect long-term value creation opportunities in Las Vegas and Macau. Curtis raised his price target to $120 from $105.
By The BullMarket.com Staff

Labels: AMGN, LVS, NUE, SIRI, TXN, XMSR

Here are 7 options to watch for Tuesday.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Lennar Nov 35 Calls (NYSE:LEN - News)
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Ciena Oct 35 Puts (NasdaqGS:CIEN - News)
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Lehman Brothers Sep 60 Calls (NYSE:LEH - News)
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
CME Group Sep 500 Puts (NYSE:CME - News)
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
PetroChina (NYSE:PTR - News)
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
MoneyGram International (NYSE:MGI - News)
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Nucor (NYSE:NUE - News)
Published by TradingMarkets.com

Labels: CIEN, CME, Hot Stock Options, LEH, LEN, MGI, NUE, PTR

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Goldman Sachs Oct 210.0 Calls (NYSE:GS - News). GS' PowerRating is 6.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Baidu.com Sep 165.0 Puts (NasdaqGS:BIDU - News). BIDU's PowerRating is 6.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Lehman Brothers Sep 55.0 Calls (NYSE:LEH - News). LEH's PowerRating is 6.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Countrywide Financial Sep 20.0 Puts (NYSE:CFC - News). CFC's PowerRating is 6.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Nucor (NYSE:NUE - News). NUE's PowerRating is 5.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Manor Care (NYSE:HCR - News). HCR's PowerRating is 7.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Home Depot (NYSE:HD - News). HD's PowerRating is 5.
PowerRatings are courtesy of www.PowerRatings.net

Labels: BIDU, CFC, GS, HCR, HD, LEH, NUE, stock options

Corning (NYSE: GLW - News): ' ... you should be buying Corning (NYSE: GLW - News), which was unceremoniously dumped after a good quarter.'Lundin Mining (AMEX: LMC - News): 'All mineral stocks are getting hammered here... every single one of them ... There was just a huge amount of takeovers in this industry. Now they're dying down... You accumulate LMC... We like the combination copper, the lead... We like their product portfolio ... We have been right to buy. It will be no different this time.'NYSE Euronext (NYSE: NYX - News): 'I have been wrong so far... I believe fundamentally in the story. I can't change my view, because the fundamentals have borne me out... I am sorry, and I too am in the house of pain. I still believe though.'Prudential Financial (NYSE: PRU - News): 'They knocked it down $3 bucks... There were some concentrated raids on all the insurers ... they've got a gigantic portfolio... PRU is a great company. And it will not founder on subprime... one of the few financials I want to own!'Honeywell (NYSE: HON - News): 'There's a guy who runs that company... his name is Dave Cote. That man inspires a tremendous amount of confidence ... He's a transforming manager. He's generating a huge amount of cash... His order book is full. And I want to buy that stock right here.'Companhia Vale do Rio Doce (NYSE: RIO - News): 'This is a company that has a hammerlock on all the nickel in the world! I would not give up on these guys... As a matter of fact, any weakness ... Stocks that are up huge are getting register rung. It's the summer. That's what happens every year.'BHP Billiton (NYSE: BHP - News)Apple (NasdaqGS: AAPL - News): 'I think the raids are over. I think it's ready to resume its climb. I am not backing away from AAPL at $135. Now, when it got back to $145, please, let's do some schnitzelling (i.e., sell some).'Reliance Steel (NYSE: RS - News): 'I have been recommending Reliance Steel, which had a better quarter (than Nucor.'Chordiant Software (NasdaqGM: CHRD - News): 'They just reported a great quarter yesterday. It was great ... Let's ride that one a little bit more.'
Bearish calls:
Syntax-Brillian (NasdaqGM: BRLC - News): 'No, no! Don't buy, don't buy. Keep looking ... you should be buying Corning.'Kroger (NYSE: KR - News): 'Safeway, Kroger... They've not been recording good quarters. They've been hurt by food inflation... If it lifts, sell, sell, sell... I would trim it back.'Nucor (NYSE: NUE - News): 'I cannot get behind NUE. There are too many flies in the steel story now, with the potential slowdown in commercial real estate, if we don't get a Fed rate cut. 'Great Lakes Dredge & Dock (NasdaqGM: GLDD - News): ' ... that's one I can't go back to. That was a trade.'
Published by SeekingAlpha

Labels: AAPL, BHP, BRLC, CHRD, GLDD, GLW, HON, Jim Cramer, KR, Lightning Round, LMC, NUE, NYX, PRU, RIO, RS

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Bank of America (NYSE:BAC - News) reports quarterly earnings on Thursday before the market opens; look for $1.20 EPS. BAC's PowerRating is 4.

Continental Air (NYSE:CAL - News) should report $1.79 EPS on Thursday morning before the bell. CAL's PowerRating is 4.
When Dow Jones (NYSE:DJ - News) releases earnings on Thursday morning, look for $0.45 EPS. DJ's PowerRating is 7.
Analysts are watching for International Game Technology (NYSE:IGT - News) to report $0.39 EPS on Thursday morning. IGT's PowerRating is 5.
Motorola (NYSE:MOT - News) looks set to announce flat earnings ($0.00) tomorrow morning. MOT's PowerRating is 4.
Nucor (NYSE:NUE - News) announces earnings on Thursday morning, with most analysts expecting $1.15 EPS. NUE's PowerRating is 6.
Reliance Steel (NYSE:RS - News) is hoping to report $1.57 EPS on Thursday morning. RS's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BAC, CAL, DJ, Hot Stocks, IGT, MOT, NUE, RS

Apple (NasdaqGS: AAPL): Cramer observes demand is "out of control" for the iPhone and, concerning the decline following comments made by CEO Steven Jobs at Apple's annual developers conference, Cramer suggested waiting for the stock to settle and to see if there will be downgrades before buying. "My inclination is to buy on any weakness, but I need to know more," he said.
Nucor (NYSE: NUE): Since Nucor has given profit warnings, Cramer would stay away from the steel industry, except for ATI, because it is connected with aerospace and not with housing and oil. However, Cramer added, "this could be NUE once again sandbagging us. It's a great American company."
Hewlett-Packard (NYSE: HPQ) and Dell (NasdaqGS: DELL): Cramer was pleased with Bear Stearns' call that personal computer sales are going to be stronger in the second half of the year, which is good news for HPQ which has been "a winner the whole way." However, Cramer admitted he was horrified that three analysts downgraded Dell after it reported a great quarter; "I think DELL's a great second-half story with a lot of the weakness, a lot of the price already out." He expressed confidence in CEO Michael Dell "because that has been a crummy business, and he turned it into a great business."

Labels: AAPL, DELL, HPQ, Jim Cramer, Jim Cramer's Stop Trading, NUE

The three major indices started the week by bouncing around, with the Nasdaq ending down a hair and the Dow and S&P 500 up slightly. While the average retail price of a gallon of gas dropped overnight and down from its peak in May, gas and oil futures all climbed on the day. After a sell-off on Friday, the commodities rebounded today with light sweet crude leading the pack rising $0.88. Part of the boost came when the Iranian Minister of Petroleum declared supplies sufficient and that OPEC need not raise production. Saudi Arabia also informed Asian and European customers that July shipments would remain at June levels (which is -10% lower than contracted supplies for the time period). Natural gas closed down slightly.
Emcor Group, Inc. (NYSE: EME), a provider of electrical and mechanical services, upped its full-year earnings and revenue outlook. It is now estimating earnings of $2.75-3.00 per share, an increase from its previous forecast of $2.45-2.80 per share. The company credits the increase in a backlog from greater-than-expected contracts signed in the first quarter. Analyst expectations place earnings at $2.86 per share. The company simultaneously announced that the board had approved a 2-for-1 stock split to be paid as a 100% stock dividend on July 9th for shareholders of record as of June 20th. The stock climbed 8.4%.
Steelmaker Nucor (NYSE: NUE) offered revised guidance on its second-quarter earnings, warning that it would fare far worse than Wall Street's expectations. Today's announcement put earnings at between $1.05-1.15 per share, while analysts had expected $1.39 per share. The company blamed worsening market conditions and price decreases on the lowered guidance. Its shares fell -5.9%. U.S. Steel (NYSE: X) and Steel Dynamics (Nasdaq: STLD) were also down on the news.
After talk that the M&A boom might finally slow down, several small takeovers were announced. James River Group (Nasdaq: JRVR), a specialty property and casualty insurer, announced that it would be taken private by hedge fund D.E. Shaw Group. The hedge fund will purchase the financial services company for $575 million in cash or $34.50 per share. This offer is -1.9% less than the Friday trading price of $35.18. Forty-five percent of current shareholders have agreed to back the transaction.
Rexam Plc (Nasdaq: REXMY), a London-based drink can maker, agreed to buy Owens-Illinois' (NYSE: OI) plastics packaging business. The deal, worth $1.83 billion, will help Rexam to position itself to get into the medicine-packaging business, which it sees as a potentially lucrative market.
Discount airline AirTran (NYSE: AAI) extended an offer it put forward for regional carrier Midwest Airlines (Amex: MEH) through August 10th. The offer is for $15 per share and was first put out in April. The April offer is a bump up from a previous offer of $11.25 per share. Midwest Airlines has said that it intends to resist AirTran's hostile bid. Calyon Securities, meanwhile, downgraded AirTran to "hold" from "add." Its shares fell -2.9%.
By the BullMarket.com Staff

Labels: AAI, EME, JRVR, MEH, NUE, OI, REXMY, STLD, X

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Retail Ventures (NYSE:RVI - News) missed earnings on Monday after the bell, announcing -$0.21 EPS versus expectations of -$0.14 EPS. RVI's PowerRating is 5.
Lehman Brothers (NYSE:LEH) reports earnings on Tuesday before the bell; watch for $1.87 EPS. LEH's PowerRating is 5.
RBC Bearings (NasdaqGS:ROLL) should announce $0.41 EPS before the market opens on Tuesday morning. ROLL's PowerRating is 5.
When Stewart Enterprises (NasdaqGS:STEI) announces earnings on Tuesday morning, watch for $0.13 EPS. STEI's PowerRating is 5.
International Business Machines (NYSE:IBM) said that the company is seeking to buy Telelogic, a software service provider, for $746 billion, in addition to an unrelated bid for Citigroup's (NYSE:C ) Indian outsourcing group. IBM's PowerRating is 6, and C's PowerRating is 5.
On Monday, Nucor (NYSE:NUE) warned that Q2 earnings will decline to $1.05 to $1.15 a share, versus the same quarter last year, which saw earnings of $1.44 a share. NUE's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: C, Hot Stocks, IBM, LEH, NUE, ROLL, STEI

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Hilton Hotels (NYSE:HLT - News). HLT's PowerRating is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Las Vegas Sands (NYSE:LVS - News). LVS's PowerRating is 7.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Capital Trust (NYSE:CT - News) & Rockwell Collins (NYSE:COL - News). CT's PowerRating is 7, and COL's PowerRating is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
LJ International (NasdaqGM:JADE - News). JADE's PowerRating is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.
NewMarket Corporation (NYSE:NUE - News). NUE's PowerRating is 6.
2-Period RSI Above 98: These are stocks that have a 2-period RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
Boston Scientific (NYSE:BSX - News). BSX's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

Labels: BSX, COL, CT, HLT, Hot Stocks, JADE, LVS, NUE

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Hilton Hotels (NYSE:HLT - News). HLT's PowerRating is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Las Vegas Sands (NYSE:LVS - News). LVS's PowerRating is 7.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Capital Trust (NYSE:CT - News) & Rockwell Collins (NYSE:COL - News). CT's PowerRating is 7, and COL's PowerRating is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
LJ International (NasdaqGM:JADE - News). JADE's PowerRating is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.
NewMarket Corporation (NYSE:NUE - News). NUE's PowerRating is 6.
2-Period RSI Above 98: These are stocks that have a 2-period RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
Boston Scientific (NYSE:BSX - News). BSX's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

Labels: BSX, COL, CT, HLT, Hot Stocks, JADE, LVS, NUE

Airgas (NYSE: ARG - News): 'They keep beating the numbers. It's had a couple of points pullback. You know what that means. C'mon. ('mon-back sound)... ARG is a winner here.'Akamai Technologies (NasdaqGS: AKAM): ' ... when we start doing digital video, I am going to gravitate, if not migrate, to AKAM. A very solid report out just today about how good they're doing. The stock closed up a little bit. Let's hope it comes down so we can buy some.'DivX (NasdaqGM: DIVX): ' ... if you're going to do digital video, you know we're going to do DIVX.'Vertex Pharmaceuticals (NasdaqGS: VRTX): 'I am always shocked that VRTX is still independent, given their strength in the hepatitis area. I've got to believe that someone takes them out eventually. In the meantime, it's doing really well. I want to stick with VRTX. I think that that is a buy, buy, buy. 'HealthExtras (NasdaqGS: HLEX): 'It's another network pharmacy cost-saving play.... That whole quotient ... Every one of those is going to do well, if you get the slowdown that I'm expecting...'MedcoHealth (NYSE: MHS - News)Express Scripts (NasdaqGS: ESRX)Terra Nitrogen (NYSE: TNH - News): 'You should keep thinking, and you should pull the trigger.' Mosaic (NYSE: MOS - News): 'Hey, how about MOS - which was the one that we chose - upgraded again today, which is just on fire.'Sociedad Quimica (NYSE: SQM - News): 'Don't forget the SQM - at a 52-week high. We have owned this fertilizer trade with the SQM.'M&F Worldwide (NYSE: MFW - News)American Ecology (NasdaqGM: ECOL): 'It's got a 3% yield. It's kind of stalled here. You know I do like the waste business. This is toxic waste. I'm not backing away.'Harris (NYSE: HRS - News): 'You know we're a big buyer of HRS. HRS is the ultimate high-def play .. It's up a little bit. I say stay long it. It's good. It's a low-multiple tech stock.'NYSE Euronext (NYSE: NYX - News): ' I feel that this stock - which is all the way back down to where I recommended it - is ready to be re-charged... I think NYX, the numbers are understated. I'm going back to NYX, and I am telling you to not be perturbed. I am telling you to buy. Buy, buy, buy!'Wheeling-Pittsburgh (NasdaqGM: WPSC): 'I recommended this stock literally right here, about two years ago. It's still sitting here. Every other steel company is going up.'Reliance Steel (NYSE: RS - News): 'I'm going to recommend RS for the takeover basis.'Nucor (NYSE: NUE - News): 'I'm going to give you NUE on the earnings basis.'
Bearish calls:
Sonic Solutions (NasdaqGS: SNIC): 'No... No, no.'CMGI (NasdaqGM: CMGI): 'I think we're in a shakeout market here, after this selloff... I think there's another day for it. Can we please wait, to let that stock go under $2, before we pull the trigger? Sell, sell, sell!'
Published by SeekingAlpha

Labels: AKAM, ARG, DIVX, Hot Stocks, HRS, Jim Cramer, Lightning Round, Mad Money, MFW, MHS, MOS, NUE, NYX, RS, SQM, TNH

Arqule Inc. (NasdaqGM:ARQL - News) shares rose 6.7% Thursday after the company was initiated with a buy rating at WR Hambrecht & Co.
Bon-Ton Stores Inc. (NasdaqGS:BONT - News) shares surged 16% after the York, Pa., retailer reported that February sales tripled and comparable-store sales rose nearly 14.6%. A survey of analysts by Thomson Financial produced a consensus estimate of same-store sales down 2%. Total sales reached $237.6 million from $72.2 million, reflecting $153.4 million from Carson's and Parisian stores acquired in 2006. Carson's sales aren't included in the comparable-store-sales figure. Bon-Ton said that Carson's comparable-store sales for the period increased 7.2%, while the combined Carson's and Bon-Ton comparable sales advanced 9.8%.
California Coastal Communities (NasdaqGM:CALC - News) shares gained 8.7% after the company was upgraded to market outperform from market perform at JMP Securities.
Catalina Marketing (NYSE:POS - News) shares rose 5.5% after the company agreed to be acquired by ValueAct Capital for $1.7 billion, including the assumption of about $135 million in debt. The deal values shares of Catalina, a St. Petersburg, Fla., promotional messaging company, at $32.10 each in cash, compared to the stock's close on Wednesday at $29.85, down 4.1%. The agreement allows Catalina to solicit and entertain alternative acquisition proposals from third parties for the next 45 days. Catalina expects the transaction to close in the next several months.
CSP Inc. (NasdaqGM:CSPI - News) shares gained 15% after the Billerica, Mass.-based IT services provider reported fiscal first-quarter net income of $978,000, or 25 cents a share. In the same quarter last year, the company posted a net loss of $546,000, or 15 cents a share. Revenue rose to $21.1 million from $15.1 million.
Culp Inc. (NYSE:CFI - News) shares rose 5.9% after the company said its third quarter net loss widened slightly to $2.2 million from $2.17 million. The High Point, N.C.-based company's loss per share for the quarter was unchanged at 19 cents a share. Quarterly net sales fell to $55.7 million from $61 million.
Delphi (Other OTC:DPHIQ.PK - News) shares gained 8.8% after the company filed to issue nearly $2 billion worth of common stock to shareholders as a key step toward funding its emergence from bankruptcy. According to a filing with the Securities and Exchange Commission, the auto parts maker is offering current stockholders the right to buy 56,700,000 shares at $35 each.
Fred's Inc. (NasdaqGS:FRED - News) shares rose 6.5% after the company said its February sales at stores open at least one year rose 3.9%. Analysts, on average, had expected its same-store sales to rise 2%, according to Thomson First Call. Total sales for the four weeks ended March 3 rose 8% to $143.9 million.
KLA-Tencor (NasdaqGS:KLAC - News) shares rose 4% after Morgan Stanley upgraded the company to overweight from equal weight and lifted its price target to $65 from $60.
La Jolla Pharmaceutical Co. (NasdaqGM:LJPC - News) shares surged 31% after the company announced positive interim antibody results from its Phase II trial of Riquent, its drug candidate for systemic lupus erythematosus. The results showed a significant dose response when comparing all Riquent-treated patients to placebo-treated patients, the company said. "We are very excited by these results," said Deirdre Gillespie, president and chief executive, in a statement. "The higher the dose, the greater the reduction in antibodies to dsDNA, and the relative magnitude of these reductions is greater than we have seen in previous studies, which used lower doses of Riquent."
Mamma.com (NasdaqCM:MAMA - News) shares gained 19% after the company swung to a fourth-quarter profit on higher revenue as a result of an increase in search advertising revenue, new software licensing contracts and increase in customized development and maintenance support. The Montreal provider of Internet search services said it earned $420,000 or 3 cents a share in the latest quarter versus a loss of $763,000 or 6 cents a year earlier. Revenue rose to $3.6 million from $1.6 million last year.
Men's Wearhouse Inc. (NYSE:MW - News) shares gained 9.4% after the company said it expects first-quarter earnings between 63 cents and 67 cents a share, assuming same-store sales rise 1% to 2% in the U.S. and 5% to 6% in Canada. The Houston-based seller of men's apparel also expects to earnings between $2.80 and $2.91 a share for the fiscal year ending Feb. 2.
New York & Co. (NYSE:NWY - News) shares rose 16% after the company said same-store sales rose 2.7% in February. The average estimate of analysts polled by Thomson Financial was for growth of 2.1% for the month. Total sales for the four weeks ended March 3 increased 8.9% to $87.7 million from $80.6 million in the same period a year earlier.
Nighthawk Radiology Corp. (NasdaqGM:NHWK - News) shares gained 5.1% after the company was upgraded to market perform from underperform at Piper Jaffray.
Nucor Corp. (NYSE:NUE - News) shares rose 5.3% Thursday morning after the second-largest U.S. steel producer forecast strong first-quarter earnings and said shrinking steel stockpiles should support profits for the rest of the year.
Omni Energy Services Corp. (NasdaqGM:OMNI - News) shares leapt 17% after the company said it expects fiscal 2007 revenue of more than $175 million, an 80% increase over last year. Excluding certain tax benefits, the Carencro, La.-based company said it expects net income may rise as much as 70% to more than $17 million. Earnings before interest, taxes, depreciation and amortization could increase more than 60% to exceed $40 million, the company said. Additionally, Omni said it sees slightly improved gross profit margins for the year with the inclusion of a full-year's operations from its rental equipment division.
PriceSmart Inc. (NasdaqGM:PSMT - News) shares jumped 18% after the company said February same-store sales rose 21% over year-earlier levels. Total sales for the month rose 21% to $63.3 million from last year's $52.5 million.
RehabCare (NYSE:RHB - News) shares gained 7.7% after the company reported fourth-quarter earnings of $2.1 million, or 12 cents a share, on revenue of $182.2 million, up from a loss of $31.8 million, or $1.89 a share, in the same period a year earlier, on revenue of $123.4 million.
Resource Capital Corp. (NYSE:RSO - News) shares rose 6.8% after the company reported fourth-quarter earnings of $6.8 million, or 36 cents a share, up from a year-ago profit of $4.9 million, or 32 cents a share. The New York City real estate investment trust estimates that it will pay dividends of between $1.65 and $1.80 per common share.
Seattle Genetics (NasdaqGM:SGEN - News) shares gained 7% after the company was initiated with a buy rating at Caris & Co.
Zumiez Inc. (NasdaqGS:ZUMZ - News) shares climbed 14% after the company said its February sales at stores open at least a year increased 12.4%. Analysts, on average, expected the reta